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|CBS News' 60 Minutes to Feature Florida Chief Financial Officer Jeff Atwater and Insurance Commissioner Kevin McCarty this Sunday|
Colodny Fass P.A.;
April 27, 2016, previously published on April 15, 2016Florida's Chief Financial Officer Jeff Atwater and Insurance Commissioner Kevin McCarty will be featured during an episode of CBS News' feature television program 60 Minutes this Sunday, April 17, 2016.
|Florida Withdraws from NIMA Effective June 1, 2016|
Jennifer C. Erdelyi; Colodny Fass, P.A.;
April 27, 2016, previously published on April 14, 2016The Florida Surplus Lines Service Office ("FSLSO") issued Bulletin 2016-03 today, April 14, 2016, stating that Florida has withdrawn from the Nonadmitted Insurance Multi-State Agreement ("NIMA") effective June 1, 2016.
|Fourth Circuit Holds Insurance Fraud Investigators are Not Exempt from Overtime Pay, Creating Circuit Split|
William Robert Gignilliat, Chris Lauderdale; Jackson Lewis P.C.;
April 15, 2016, previously published on April 5, 2016Disagreeing with a sister circuit, the U.S. Court of Appeals for the Fourth Circuit has held that insurance fraud investigators were misclassified as exempt from overtime pay under the administrative exemption of the Fair Labor Standards Act, signaling that it will construe the exemption narrowly....
|Automakers Reach out to Auto Insurers on Recalls|
Eversheds Sutherland (US) LLP;
April 14, 2016, previously published on April 13, 2016Two associations representing the largest automakers in the world have asked the auto insurance industry to assist them by reminding insureds of recalls when they renew their policies. The Alliance of Automobile Manufacturers and the Association of Global Automakers made their request in letters to...
|Florida Cabinet Extends Insurance Commissioner Application Time|
Colodny Fass P.A.;
April 14, 2016, previously published on March 29, 2016The process to select a new Florida Insurance Commissioner was extended for approximately one month after debate at the Florida Cabinet meeting today, March 29, 2016.
|Pitfalls In Cyberinsurance Coverage - Not Your Grandfather’s Auto-Insurance Policy|
Carl "Chuck" N. Kunz; Morris James LLP;
April 5, 2016, previously published on January 27, 2016In the current maelstrom of data breaches, Federal Trade Commission enforcement actions and calls to secure data, insurance carriers are pushing out more and more cybersecurity products each year. Unfortunately for the buyer, while there are many cyberinsurance products and services, there is...
|California Proposes Anti-Steering Regulation Focusing on Deceptive Statements|
Sutherland Asbill Brennan LLP;
April 1, 2016, previously published on March 30, 2016Through a recently proposed regulation, the California Department of Insurance seeks to amend the rules preventing insurers from steering claimants to specific auto repair shops. The proposed amendments relate to a variety of issues, such as when a claimant has “chosen” an automotive...
|Florida Supreme Court Rules that in a UM Case the Insurer is Bound by the Damages Found in the UM Case and that Trial Court may Reserve Jurisdiction in Judgment to Allow Plaintiff to Amend to Add Bad Faith Claim|
March 30, 2016, previously published on February 26, 2016On February 25, 2016, in the case of Fridman v. Safeco Ins. Co. of Illinois, Case No. SC13-1607, the Florida Supreme Court issued a very significant ruling concerning the timing and procedure for bad faith claims inninsured/underinsured motorist (UM) cases. At issue in the case was whether the...
|Michigan: Federal Law May Pre-empt Health Insurance Claims Assessment Act After All|
Chad Arfons, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
March 24, 2016, previously published on March 17, 2016In June of 2011, Governor Snyder signed the Health Insurance Claims Assessment Act (Act), which imposed a one percent assessment on health-related services performed in Michigan and paid by employer sponsored health plans and other third-party carriers. The law went into effect on January 1, 2012....
|Ohio Supreme Court Signals Narrow Application of Ohio’s Inferred Intent Doctrine|
David J. Oberly; Marshall Dennehey Warner Coleman & Goggin, P.C.;
March 23, 2016, previously published on March 1, 2016In Granger v. Auto-Owners Insurance, 40 N.E.3d 1110 (Ohio 2015), the Ohio Supreme Court was afforded its first opportunity since Allstate Insurance Company v. Campbell, 942 N.E.2d 1090 (Ohio 2010) to clarify the reach of Ohio’s inferred intent doctrine, which automatically triggers an...